Embedded in a comprehensive outlook for the world economy, the Joint Economic Forecast („Gemeinschaftsdiagnose“, GD) prepares in-debth analyses and forecasts for the German economy (detailed 2-year horizon and 5-year medium term projections including...

KBW 19: Measures of potential output and the output gap are of great importance for policy-makers who need to assess the cyclical position of the economy and its productive capacity.